It was supposed to the most groundbreaking structure the world had ever seen. But now, this multi-trillion-dollar “smart city ...

Saudi government to spend $16 billion on cancelling parts of troubled Neom megacity project: report - The Line, a ...

It was supposed to be the showcase of a country’s renewal, the symbol of its creative power and human ingenuity. But maybe ...

Neom's initial $500 billion price tag has ballooned to trillions, leading to project scaling back and a focus on smaller, more achievable goals. Saudi Arabia's reliance on oil revenue and volatile oil ...

"There won't be a single supermarket," Saudi crown prince Mohammad bin Salman told Bloomberg in 2017. "Zero. Nobody will go and buy things for their home. Everything will come to your house using ...

Ambitious plans for a 100-mile-long megacity in Saudi Arabia – a key part of the kingdom’s $2 trillion redevelopment project – have been put on hold so they can be scaled back. Now, however, the ...

Swvl renews a $4 million contract to enhance transportation services in Saudi Arabia, focusing on remote areas like NEOM. Swvl has announced a three-year contract renewal worth up to $4 million with a ...

Saudi Arabia is reassessing the scope and timeline of its $500-billion NEOM initiative, according to Bloomberg and CNBC, with officials reportedly reviewing key components of The Line in response to ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Further progress has been announced at Saudi Arabia's vast Neom project ...

Saudi Arabia’s sovereign wealth fund has not cancelled any projects within its flagship NEOM development, though some have been delayed as priorities are reassessed, Public Investment Fund (PIF) ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s Olympic Committee and the Olympic Council of Asia have agreed to indefinitely postpone the 2029 Asian Winter Games, which were to have been held in a ...